If you had to describe one negotiation tactic that has been the most beneficial for you, what would that one thing be?
I have been making offers for multi-family, and in some cases I have been receiving fairly quick responses but in other cases the sellers go blank. No responses, no counter offer. Is that normal in the industry? I jus...
I will place my first bid on a HUD property. What can you think of to increase the chance of acceptance? Cash close? close early? No contingency? Any thoughts are appreciated, but just don't tell me to increase the pr...
I'm about to embark on a journey where I'll be making offers on houses with a long closing period of 90 days or so and a dependency on my 1031 relinquished property selling first. I need to do this so that the replace...
I had a call today where my loan servicer said that my existing loan ( financed in 2021 at 2.75%) was no longer complaint. The issue was with the underwriting. They assumed a bigger RSU component in my assests at the...
I realize this an an odd question for the BP readers, but I tend to do that.How do you persuade someone to sell you their property? I've listened to several BP podcasters that say they use direct mailings, but is tha...
I was about to sign a contract for my first ever offer on a Florida rental when I read the last line of the offer contract saying "Buyer to pay ____ (brokerage name)___ $345 fee at Close"When asked, agent said it was ...
Hello all, first time poster here. So I'm planning on buying a REO property which seems to be a great investment. The issue is that I have a defaulted second mortgage loan with the selling bank, so the question is; if...
My wife and I have been looking for a duplex in Northern Colorado to purchase as our first home. It has been difficult because there is limited inventory and competition is abundant as we all know. My question is: h...
Closing hopefully in 3 weeks on my first 4 unit building and I'm confident about the numbers, nice piece of land (2acres) in a residential area near SFHs and no other rental buildings nearby. Recently received an upda...